$1,000,000

16 Franklin St Unit 1302 Salem, MA 01970

North Salem Neighborhood

Estimated payment $7,373/month

2 Beds
2 Baths
1,467 Sq Ft
$682 Price per Sq Ft

Highlights

  • Ocean View
  • Medical Services
  • Waterfront
  • Fitness Center
  • Property is near a beach
  • 1-minute walk to Furlong Park

About This Home

Experience elevated living at RIVERWALK, ideally located near the heart of downtown Salem and the MBTA commuter rail to Boston. Enjoy the convenience of being close to Salem’s renowned restaurants, boutique shopping, historic sites, waterfront, Salem Harbor, cultural attractions, and transportation—while coming home to sophisticated new construction with sweeping river and city skyline views. For Boston commuters, the nearby commuter rail makes getting into the city convenient, while downtown Salem is close enough to enjoy the best of the North Shore without sacrificing luxury or tranquility.This beautifully designed 2+ bedroom, 2-bath residence offers an exceptional floor plan with dual primary suites, a dedicated home office, soaring ceilings, oversized windows, and high-end finishes throughout. The open-concept living and dining areas are filled with natural light and feature elegant European oak hardwood floors. The designer kitchen is equipped with Bosch stainless steel appliances, custom cabinetry, and quartz countertops, creating a stylish and functional space for everyday living and entertaining.The spacious primary suite provides a private retreat with a walk-in closet and spa-inspired bath featuring radiant heated floors, double vanity, oversized tiled shower, and smart bidet. A second primary suite offers flexibility for guests, family, or additional living space, while the dedicated home office is ideal for today’s work-from-home lifestyle.RIVERWALK residents enjoy an impressive array of amenities including heated indoor garage parking, elevator access, fitness center, Clubroom Lounge, and beautifully landscaped riverside outdoor gathering spaces.With the Salem MBTA commuter rail, downtown Salem, restaurants, shopping, waterfront, Salem Harbor, and historic attractions all nearby, RIVERWALK offers a rare combination of luxury, convenience, and location. Enjoy sophisticated single-level living with Boston just a train ride away and everything Salem has to offer right outside your door.

Listing Agent

Merry Fox Team

MerryFox Realty Listed on: 09/17/2026

Co-Listing Agent

Dan Fox

MerryFox Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2025

HOA Fees

  • $727 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Deeded Parking

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

  • Garden Home
  • Entry on the 3rd floor
  • Frame Construction
  • Rubber Roof

Interior Spaces

  • 1,467 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Home Office

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on third floor
  • 2 Full Bathrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Home Security

  • Intercom
  • Door Monitored By TV

Outdoor Features

  • Property is near a beach
  • Balcony

Utilities

  • Cooling Available
  • 3 Cooling Zones
  • Central Heating
  • 3 Heating Zones
  • Heat Pump System

Additional Features

  • Level Entry For Accessibility
  • Waterfront
  • Property is near golf course, public transit, and schools

Listing and Financial Details

  • Assessor Parcel Number 2132543

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash, reserve funds
  • 37 Units
  • Riverwalk Community

Amenities

  • Medical Services
  • Shops
  • Clubhouse
  • Elevator

Recreation

  • Tennis Courts
  • Fitness Center
  • Park

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 2025

Lot Details

0 Sq Ft Lot

HOA Fees

$727 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden
  • Year Built: 2025
  • Entry Level: 3
  • Year Built Details: Actual
  • Year Round: Yes
  • MLSPIN_BEACHFRONT_FLAG: Yes
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Flooring: Wood, Tile
  • Interior Amenities: Home Office, Elevator
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Third
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Level: Third
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Full
  • Bathroom 1 Level: Third
  • Bathroom 2 Level: Third
  • Bathroom 2 Features: Bathroom - Full
  • Room Dining Room Level: Third
  • Room Kitchen Level: Third
  • Laundry Features: Third Floor, In Unit
  • Room Living Room Level: Third
  • Room Office Level: Third
  • Basement: N
  • Above Grade Finished Sq Ft: 1467
  • Accessibility Features: Accessible Entrance
  • Living Area: 1467
  • Other Equipment: Intercom
  • Spa YN: No
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: C95279
  • Insulation: Full, Styrofoam

Exterior Features

  • Exterior Features: Balcony
  • Common Walls: Corner
  • Construction Materials: Frame
  • Home Warranty YN: No
  • Roof: Rubber
  • Waterfront Features: Waterfront, Ocean, Sound, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes
  • Waterview Flag: Yes

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Parking Features: Attached, Garage Door Opener, Heated Garage, Deeded
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Heat Pump
  • Heating: Central, Heat Pump, Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Security Features: Intercom, TV Monitor
  • Water Source: Public
  • HEAT ZONES: 3
  • COOLING ZONES: 3

Condo/Co-op/Association

  • Association Amenities: Elevator(s), Fitness Center, Clubroom
  • Association Fee: 727
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Golf, Medical Facility, Highway Access, Public School, T-Station
  • Senior Community YN: No
  • MANAGEMENT: Professional - Off Site

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds

Lot Info

  • Parcel Number: 2132543
  • Zoning: NRCC
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: Yes - Private

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2025

Multi Family

  • Number Of Units Total: 37
  • Basement Included Sq Ft: No
  • Waterview: Ocean, Sound

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/17/2026 09/17/26 For Sale $1,000,000 -- $682 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73578980

MLS Property Information Network (MLS PIN)
Your Personal Tour Guide

Ask me questions while you tour the home.